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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: goldsheet who wrote (42628)10/10/1999 9:11:00 PM
From: Crimson Ghost  Respond to of 116927
 
Bob:

I agree that $330 or so probably is a fair price if the fundamental global economic paradigm remains the same and gold trades basically as a commodity with some modest monetary use. But if we undergo a fundamental shift such as a basic restructuring of the global financial system to reduce the current dominant role of of the greenback gold could go much much higher. The current value of global gold reserves is at or near a record low compared to the global money supply